Understanding the Difference Between Margin and Markup in Your Small Business

Are You Pricing Your Products / Service Wrong? If you are looking at the markup only, you might be costing yourself lots of potential profit! Finding You Aren't Hitting Your Profit Goals? It might be because you aren't aware of what your profit margins are on your products/services.

Too many small business owners confuse markup and margin so you will want to know the difference to ensure you price correctly. Let's take a look at both and the common mistakes I see folks making when looking at markup vs margin.

VIDEOS TO HELP YOU PRICE CORRECTLY

 Pricing Your Products Correctly – https://youtu.be/AQ_mUb1E9MQ
 Pricing Your Services Correctly - https://youtu.be/doAKxyRa4pM

**SMALL BUSINESS OWNER TIPS for RUNNING A PROFITABLE BUSINESS**

**The Badass Business Owner Podcast (for Local Small Business Owners)
WEBSITE: http://babolearning.com

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***Get Your Badass Business Owner Merch - https://badass-business-owners.myspreadshop.com
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***The Understanding Your Business Numbers Course: http://KnowYourBusinessNumbersCourse.com
***FREE eGuide: 8 Steps to Earning $100,000 in Income in Your Small Business - http://bit.ly/8Steps100k

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RECOMMENDED VIDEOS
 6 Stages of a Small Business – https://youtu.be/vGwT3qIrHLo
 How to Read a Profit & Loss Statement - https://youtu.be/jFgqMVmXbx4
 Knowing Your Business Numbers: https://youtu.be/MrESaCR6js0
 Pricing Your Products Correctly – https://youtu.be/AQ_mUb1E9MQ
 Pricing Your Services Correctly - https://youtu.be/doAKxyRa4pM

FREE GUIDES / TOOLS
 FREE eGuide: 8 Steps to Earning $100,000 in Income in your small business - http://bit.ly/8Steps100k
 FREE eGuide: How to Read a Profit & Loss Statement - https://bit.ly/ReadPL
 FREE Start Up Guide for Starting a Business - https://bit.ly/BusinessStartUpGuide

COURSES to HELP YOU
 Understanding Your Business Numbers - http://KnowYourBusinessNumbersCourse.com
 Start a Local Small Business – http://StartASmallBusinessCourse.com

PLAYLISTS TO CHECK OUT:
 PLAYLIST: Learning Your Business Numbers Better: https://www.youtube.com/playlist?list=PLkSR9dYanvV1tPjNcLppOPDDBn6i4Sdzw

 PLAYLIST: Learn How to Read Your Profit & Loss Income Statement: https://www.youtube.com/playlist?list=PLkSR9dYanvV1YssoiyqLBUlgxYy2hYADj

 PLAYLIST: Quick Business Tips? https://www.youtube.com/playlist?list=PLkSR9dYanvV158L57cLoJIXOYjC8Fhdnj
**AFFILIATE LINKS: I do earn a small commission but at no cost to you. I only recommend companies or items that I believe will save you time, money or help make your business better

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